A Step-by-Step-Guide on how to buy Tezos (XTZ) in Niue
Step 1 – Join CEX.io You will first need to purchase one of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and receive your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Tezos (XTZ) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate Tezos (XTZ) As soon as your deposit has been verified, you'll directly have access to your finances and you can begin purchasing and trading. To buy (XTZ) Tezos on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to discover (XTZ) Tezos, you will need to put the shortname of the coin (XTZ) into the search-box, which is marked in the picture. Make sure you have choosen the right grouping, we've marked this too. Click on “XTZ/BTC” to progress.
Step 4 – Purchasing Tezos (XTZ) Once you've discovered (XTZ) Tezos, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to create our Limit Order. The “Price” field will be automatically filled with the latest rate (XTZ) Tezos was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of XTZ you want to buy. The “Total” field is the aggregated price in Bitcoin that you'll pay for the whole quantity of XTZ. When you're satisfied, click on “Buy XTZ”. Your order will be filled as soon as a Vender sells their XTZ for the price you introduced.
Step 5 – Withdraw (XTZ) Tezos Unless you are trading, best advise is not to keep your coins on an Crypto Trader for an longer time period. To withdraw your (XTZ) Tezos, hover over the “Funds” tab and mouse click on “Withdraw”. Tezos (XTZ) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XTZ) Tezos by using the given drop-down box. Put into the quantity of (XTZ) Tezos you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. When you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.